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Mining giant De Beers is suspending production at South Africa’s biggest diamond mine for two years, as changing consumer habits continue to shrink profits.
Mining giant De Beers is suspending production at South Africa’s biggest diamond mine for two years, as changing consumer habits continue to shrink profits.
Africa’s leading diamond producer, Botswana, has reinforced its status as a global powerhouse in the gemstone industry after a massive 1,305.4-carat diamond was recovered from the country’s renowned Karowe mine, adding yet another extraordinary discovery to its record of producing some of the world’s largest and most valuable diamonds.